Business Plan Project Workbook

Chapter 12: Growth Plan

Chapter Summaries

Every company needs to grow in order to stay competitive—even a successful one. If not planned properly, growth can severely handicap a company and even make it fail. While establishing a new, successful company is challenging, keeping the company viable and successful can be just as hard. Because of this, investors and creditors need to see a comprehensive plan of how an entrepreneur intends to expand the company once it becomes established.